The Energy Market Authority of Singapore (EMA) and Korea Hydro & Nuclear Power Co Ltd (KHNP) have signed a Memorandum of Understanding (MOU) to collaborate on civil nuclear energy, focusing on Small Modular Reactors (SMRs). The agreement, signed on 1 March 2026 during the Korea-Singapore Summit in Singapore, marks the first such cooperation between a Korean nuclear power company and a Singapore government agency.
The MOU aims to establish a framework for collaboration in several key areas: conducting joint studies on SMRs for potential applications in Singapore, developing human resources and training, and sharing technical information and best practices in advanced nuclear technologies. This initiative is part of EMA’s broader strategy to explore various pathways for decarbonising Singapore’s power system, ensuring a reliable and sustainable energy supply.
Puah Kok Keong, EMA’s Chief Executive, emphasised the importance of exploring all energy pathways for a small country with limited domestic resources. “Advanced nuclear energy technologies hold promise as a potential clean energy source,” he said. “Our partnership with KHNP will deepen our capabilities and technical understanding of SMRs.”
Daewook Chun, Acting President and CEO of KHNP, highlighted the company’s commitment to the global energy transition, stating, “KHNP will actively engage as a responsible partner in EMA’s process of assessing the safety and viability of SMR technology.”
This collaboration could significantly impact Singapore’s energy landscape, potentially leading to the adoption of nuclear energy as a clean and sustainable power source.
